Sonic, the Solana Virtual Machine series for games and applications on Solana, will unveil its native token SONIC on January 7.

On December 31, Sonic Team announced a tier 2 chain token creation event in Solana (Sol) will have 57% of the total token supply allocated to the community. The distribution will include SONIC reserved for the ecosystem, initial claims, and Sonic HyperGrid rewards.

TGE advertisement It comes just a few days after gaming console Solana L2 announced it was planning to do so Drop their original icons for TikTok users. SONIC will power the game-focused blockchain and its Multi-Solana Virtual Machine ecosystem.

Sonic will have a total of 2.4 billion tokens, with 15% of them scheduled to enter circulation during the TGE event.

According to the L2 Project, the initial SONIC claim snapshot is completed on December 31, 2024. This opens up an airdrop of 7% of the total initial claim supply, with the community able to access the eligibility checker on January 3.

The SONIC token launch is part of the Solana Project's Phase 1 roadmap. The second phase includes support for mainnet alpha and Sonic The project will also target HyperGrid clusters and hopefully release Sonic Grid v2 in 2025.

As for the coin, the team plans to announce the listing via centralized exchanges and decentralized Solana-based exchanges via social media.